07.19.2023

Albalact, part of French group Lactalis, has become the first billionaire company in Romania’s dairy market. more

06.23.2022

Albalact, the largest company in Romania’s dairy sector and part of Lactalis Romania group, in 2021 reached RON848.7 million turnover, up 11% year-on-year. more

09.14.2020

Albalact, the largest actor on the dairy market in Romania, ended last year with 672 million lei (some EUR140 million) revenue, an increase of 8.3% on the previous year, ZF has calculated from Finance more

07.03.2020

Lactalis Group has decided to close its Romanian Floreni and Vatra Dornei factories, included in the portfolio of the company Dorna Lactate, but will continue to produce LaDorna-branded dairy products more

10.22.2019

Albalact, the largest actor on the 5 billion lei (EUR1.2 billion) dairy market in Romania, ended 2018 with RON620 million revenue, up 5% on the previous years, Finance Ministry data show. This is its more

10.24.2017

Dairy producer Albalact based in Alba Iulia (central Romania), a business built by Raul Ciurtin and acquired by France’s Lactalis last year, posted more than 282 million lei (EUR62.6 million) more

06.07.2017

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04.25.2017

Law firm Leroy si Asociaţii advised the French group Lactalis on the procedure of withdrawal of the minority shareholders of Albalact, a procedure completing the takeover of Albalact by Lactalis. more

04.18.2017

The shares of dairy producer Albalact will be withdrawn from trading on the Bucharest Stock Exchange, starting Tuesday, April 18, after the company had been acquired by French group Lactalis. more

04.05.2017

Giampaolo Manzonetto, an executive with a 13-year experience on the Romanian market, has been appointed to run dairy producer Albalact, acquired by French-held Lactalis last September. more

02.16.2017

Stephane Batoux, the French executive who took the reins of Albalact, the largest local dairy producer, in 2014, will leave the company at the end of March. more

10.07.2016

Shareholders of Romanian plastic systems maker Teraplast Bistrita (TRP.RO) on Thursday approved the appointment of Petru-Raul Ciurtin, the founder of Romanian dairy manufacturer Albalact (ALBZ.RO), as more

08.05.2016

French-held giant Lactalis is offering RON0.5252 per share for the entire stake in Romanian dairy manufacturer Albalact (ALBZ.RO), 38% higher than the share price on January 28, 2016, when the more

07.28.2016

French-held Lactalis is offering 342 million lei (EUR73 million) for all the Albalact (ALBZ.RO) shares after almost six months of talks and analysis and will therefore become the local dairy market more

07.06.2016

Romania’s Competition Council on Wednesday approved the takeover of Romanian dairy manufacturer Albalact (ALBZ.RO) by French group Lactalis. more

05.19.2016

Romanian dairy manufacturer Albalact (ALBZ.RO) reported a profit of RON8.5 million in January-March 2016, 2.5-fold higher than RON3.5 million in the same period a year ago, according to the financial more

04.28.2016

Romanian dairy manufacturer Albalact (ALBZ.RO) ended 2015 with a 8.9% growth in revenue, to RON444 million, and its net profit increased to RON12.62 million, the group said in its consolidated more

02.24.2016

Romania’s Competition Council on Wednesday said it is looking into the takeover of Romanian dairy manufacturer Albalact (ALBZ.RO) by French group Lactalis. more

02.24.2016

The price French-held Lactalis group will pay to the shareholders in the tender offer for dairy producer Albalact (ALBZ.RO) will be the same for all shareholders, even though the Ciurtin family and more

02.15.2016

Albalact group (ALBZ.RO) reported a profit of RON15.23 million in 2015, from RON811,000 a year before, the company said in a statement Monday. more

02.04.2016

French Lactalis group, which seeks to take over Romania’s largest dairy producer Albalact (ALBZ.RO), needs to get at least 20% more in Albalact from shareholders besides the 70% it persuaded the more

01.28.2016

French dairy group Lactalis will take over Romanian dairy producer Albalact Alba Iulia (ALBZ.RO) following an agreement concluded between Albalact shareholders and Lactalis. more

11.17.2015

Dairy producer Albalact’s (ALBZ.RO) chief executive Stephane Batoux is optimistic about Romania’s performance next year but says employees will be harder to find especially for middle management more

09.15.2015

Romania’s largest dairy business Albalact (ALBZ.RO) eyes a 419 million lei turnover in 2015, up 2.7% compared with RON408 million a year before. more

08.28.2015

Romania’s largest dairy business Albalact (ALBZ.RO) partnered up with Kandia Dulce, the largest chocolate producer on the local market, in a cross brand action to launch cacao-flavored and Rum taste more